Judge Approves Microsoft-Activision Merger
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
The biggest merger in tech industry history just got the green light.
On Tuesday, a federal judge in California denied the Federal Trade Commission's request for a preliminary injunction seeking to block Microsoft's monster $69 billion deal to acquire games-maker Activision Blizzard -- in effect, giving the merger the go-ahead. Mark it as a major loss for FTC chair Lina Khan.
Source Fool.com
Microsoft Corp. Stock
€427.90
0.930%
The stock is one of the favorites of our community with 148 Buy predictions and 4 Sell predictions.
With a target price of 500 € there is a slightly positive potential of 16.85% for Microsoft Corp. compared to the current price of 427.9 €.
